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Infertility Treatment Devices and Equipment Market to Grasp Outstanding Growth of USD 18.72 Billion by 2030

Infertility Treatment Devices and Equipment Market Growth Analysis Research Report segmented by Product Type (Ovum Aspiration Pumps, Sperm Separation Devices, Sperm Analyzer Systems, Micromanipulator Systems, Incubators, Others), Procedure (Assisted Reproductive Technology, Artificial Insemination, Fertility Surgery), End-User (Fertility Clinics, Hospitals and Other Healthcare Facilities, and Clinical Research Institutes), and Regional Forecast till 2030

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Format : Infertility Treatment Devices and Equipment Market to Grasp Outstanding Growth of USD 18.72 Billion by 2030

Infertility Treatment Devices and Equipment Market Snapshot

“The Infertility Treatment Devices and Equipment Market to grow from USD 289.67 million in 2023 to USD 625.4 million by 2030, at a CAGR of 9.8%.”

Infertility treatment devices identify, address, or support infertility in individuals struggling with conception. They enable assisted reproductive technologies (ART) and are used in various treatments. Advancements in ART and in vitro fertilization have increased demand for infertility treatment equipment, which is expected to drive market growth.

Infertility impacts social, cultural, and economic spheres. The industry's growth is driven by increased public awareness of infertility treatment technologies worldwide. Public and private organizations are raising awareness of IVF, surrogacy, and infertility, enhancing services.

National Infertility Awareness Week (NIAW) is an example of a campaign aimed at raising awareness. The population's increasing awareness of IVF treatment success rates will further support market expansion.

Infertility impacts social, cultural, and economic spheres. The industry's growth is driven by increased public awareness of infertility treatment technologies worldwide. Public and private organizations are raising awareness of IVF, surrogacy, and infertility, enhancing services. National Infertility Awareness Week (NIAW) is an example of a campaign aimed at raising awareness. The population's increasing awareness of IVF treatment success rates will further support market expansion.

Infertility Treatment Devices and Equipment Market | Market Report Service

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COVID-19 Impact

The pandemic significantly impacted millions globally, increasing mortality rates and affecting the market for infertility treatment devices. Mobility restrictions and safety concerns during fertility treatments led to clinics temporarily closing or scaling back operations to prioritize urgent care and reduce COVID-19 transmission risks.

This disruption led to the use of infertility treatment equipment and postponement of treatment cycles. The decrease in ART treatments at the start of COVID-19 also impacted the demand for fertility clinic products.

Segment Analysis

Segmented by Product Type

The sperm separation devices market, which includes various devices like ovum aspiration pumps, sperm analyzers, micromanipulator systems, incubators, cryosystems, imaging systems, and microscopes, generated a revenue of USD 55.4 million in 2022.

These devices are used in artificial insemination and in vitro fertilization (IVF) to extract highly mobile sperm with competent DNA integrity. They also eliminate sperm with abnormalities, ensuring only the strongest and healthiest sperm can pass through sperm separation arrays.

The infertility treatment equipment market is divided into three segments: clinical research institutes, hospitals, and fertility clinics. Fertility clinics, which accounted for over 76% of the market in 2022, are expected to grow at the fastest rate due to their improved infrastructure and enhanced offerings of infertility therapies.

Segmented by Procedure

The high adoption of various methods in fertility clinics due to significant IVF and surrogacy operations, coupled with the growing number of specialized centers in developing nations and the rapid integration of cutting-edge technologies, will boost industry demand.

Growth Drivers

The incidence of infertility is increasing in both sexes.

Infertility is a condition where a person cannot conceive a healthy pregnancy, affecting both men and women. The global fertility rate, which represents the average number of children born to a woman, is declining due to factors like age-related infertility and late marriages, which are affecting both genders.

The focus is on the development and enhancement of technology.

Technological advancements, such as temperature-sensitive sperm sample storage, are driving an increase in treatment success rates and demand for cryosystems and related devices.

advancements in assisted reproductive treatments.

Time-lapse imaging is an innovative treatment for infertility that allows regular monitoring of embryo progress without affecting the culture.

This technology, combined with computer use and other technological advancements, allows embryos to continue growing in an incubator without disruptions, ensuring a smoother and more efficient process.

Restraints

IVF infertility treatment increases the risk of multiple pregnancies and preterm delivery, with embryos grown prematurely and having lower weights, according to research, indicating a need for improved reproductive practices.

Opportunities

In IVF infertility treatment, infertile women use injectable fertility medications like gonadotropins for ovulation, leading to ovarian hyperstimulation syndrome, causing painful and enlarged ovaries. Symptoms include mild abdominal pain, bloating, nausea, diarrhea, and vomiting, which subside after a week, and breathlessness and rapid weight gain.

Competitive Landscape of the Infertility Treatment Devices and Equipment Market Analysis

  • The Cooper Companies Inc.
  • Cook Medical
  • Vitrolife
  • DxNow
  • Eppendorf AG
  • AB Scientific Ltd.
  • Hamilton Thorne, Inc.
  • IVFtech ApS
  • Rocket Medical plc.
  • Art Biotech Pvt. Ltd.
  • LabIVF Asia Pte Ltd.
  • Esco Micro Pte Ltd.

New Developments in Infertility Treatment Devices and Equipment Market

February 7th, 2022 Cook Medical Reproductive Health business to be acquired by CooperCompanies

Cook Medical announced it signed a letter of intent with CooperCompanies to sell the entirety of Cook’s Reproductive Health business within the MedSurg division.  CooperCompanies, a publicly held healthcare company, is focused on women’s health and fertility solutions, providing innovative products and services for every step in the ART journey.

Under the proposed transaction, CooperCompanies will pay $875 million comprised of $675 million at closing and $200 million paid in four $50 million annual installments. The proposed transaction is subject to compliance with applicable local consultation obligations and regulatory approvals.

In September 2022, US Fertility launched the US Fertility Innovation Fund. The Innovation Fund will find, assess, and fund early-stage businesses that have the potential to influence the fertility industry's future and enhance patient care access and quality.

In July 2022, Cellink, partnered with Spermosens, Malmö University, and Saint Louis University (SLU) to develop a diagnostic device to identify male infertility.

In December 2022, Hamilton Thorne Ltd. acquired Microptic, S.L. The acquisition expands the company's expertise in the artificial intelligence-enabled product range and enhances its position in the computer-assisted semen analysis for IVF clinics market.

Regional Analysis of Global Infertility Treatment Devices and Equipment Industry

The Asia Pacific dominates the global market for infertility treatments due to medical tourism, fertility centers growth, rising healthcare costs, and rising infertility rates. Government initiatives and increased awareness of available treatments are contributing to this trend.

The North American region is expected to hold a significant market share in the infertility industry due to rising rates and the need for external assistance. According to CDC statistics, 19% of heterosexual women aged 15-49 in the US are infertile after a year of trying, and 26% struggle with conception or pregnancy. This indicates a positive growth trend in the market.

The increasing incidence of infertility and increasing consumer awareness of available treatments in the Asia Pacific region, particularly in China, India, and Japan, could drive market expansion in this area.

Segments Covered in the Infertility Treatment Devices and Equipment Market Report

Infertility Treatment Devices and Equipment Market Segment by Product Type

  • Ovum Aspiration Pumps
  • Sperm Separation Devices
  • Sperm Analyzer Systems
  • Micromanipulator Systems
  • Incubators
  • Others

Infertility Treatment Devices and Equipment Market Segment by Procedure

  • Assisted Reproductive Technology
  • In Vitro Fertilization
  • Intracytoplasmic Sperm Injection
  • Others (GIFT, ZIFT, Surrogacy)
  • Artificial Insemination
  • Intrauterine Insemination
  • Intratubal Insemination
  • Intracervical Insemination
  • Fertility Surgery
  • Tubal Ligation Reversal
  • Varicocelectomy
  • Laparoscopy

Infertility Treatment Devices and Equipment Market Segment by End User

  • Fertility Clinics
  • Hospitals and Other Healthcare Facilities
  • Clinical Research Institutes

Infertility Treatment Devices and Equipment Market by Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • Rest of the World
  • Middle East
  • Africa
  • Latin America

Frequently Asked Questions

What are some applications of Infertility Treatment Devices and Equipment?

One of the most common applications is Microscopes., Imaging Systems., Sperm Analyzer Systems., Ovum Aspiration Pumps., Micromanipulator Systems., Incubators., Gas Analyzers., Laser Systems.

What is the expected growth rate of the Infertility Treatment Devices and Equipment market over the next 7 years?

The Infertility Treatment Devices and Equipment Market to grow from USD 289.67 million in 2023 to USD 625.4 million by 2030, at a CAGR of 9.8%.

Who are the major players in the Infertility Treatment Devices and Equipment market and what is their market share?

The Cooper Companies Inc., Cook Medical, Vitrolife, DxNow, Eppendorf AG, AB Scientific Ltd., Hamilton Thorne, Inc., IVFtech ApS, Rocket Medical plc., Art Biotech Pvt. Ltd., LabIVF Asia Pte Ltd., Esco Micro Pte Ltd, are prominent players operating and dominating in the market.

Who are the top 3 Infertility Treatment Devices and Equipment Market Key Vendors?

Cooper Companies Inc., Cook Medical, Vitrolife, DxNow, are key players in the Infertility Treatment Devices and Equipment market.

Which geographical areas dominate the worldwide market for Infertility Treatment Devices and Equipment?

Asia Pacific region are emerging as the top regional markets for Infertility Treatment Devices and Equipment solutions.